News
Latest News
TAIPEI – PCB maker Chunghong Holdings will seeks to raise nearly $7 million through a primary listing on the Taiwan Stock Exchange.
The company, which is based in Suzhou and has a half-dozen PCB and EMS assembly sites in China and Poland, will issue some 7.61 million new shares. The listing plan is expected to be completed in the first quarter of 2011.
A majority of funds raised reportedly will be used to add three SMT lines. The company currently has 55 SMT lines worldwide.
Separately, Chunghong said it expects to top its 2009 net income of $3.5 million.
EL SEGUNDO, CA -- Component shortages have led to a traffic pileup in the global electronics supply chain, with major contract manufacturers facing a challenging supply imbalance characterized by tight inventories of parts and finished products and a glut of raw materials, according to research firm iSuppli Corp.
Read more ...
WASHINGTON – President Obama today is set to release a makeover of the US export control system.
FAYETTEVILLE, AR – EMS firm Delta Group Electronics is building a 36,000 sq. ft. facility here.
The company employs 50 staff at an existing plant in nearby Prairie Grove, which it acquired from Bitworks, but may add more positions.
Groundbreaking is expected in mid-October, with the facility to be finished next August.
Delta Group is headquartered in Albuquerque, and has locations in Rockledge, FL; Dallas and San Diego.
SAN JOSE -- The 90-day moving average worldwide semiconductor sales rose 1.2% sequentially in July to $25.2 billion, the Semiconductor Industry Association said.
SAN JOSE -- Flextronics, the world's second-largest EMS firm, is finding Mexico more to its liking, the company's chief executive said.
